|Location||Govan Mbeki Avenue, Port Elizabeth Central, Port Elizabeth, South Africa|
|Sectors||ICT, Information technology|
Seda Nelson Mandela Bay ICT Incubator (SNII) is a business and technology Incubator that supportsincubatees /clients with innovative businessideasin a technology related field(information technology, communications technology and information and communication technology).
- To establish, support and grow small businesses in the ICT sector
- To provide for effective and efficient value – adding services
- To create an environment where highly motivated and innovative individual thrive.
Thereare six stages/entry points, with different sets of entry criteria applicable to each level/entry point. This is to ensure small enterprises and entrepreneurs are positioned correctly to extract maximum benefit from the incubator value propositions.
MASTER CLASS: 8 Weekprogramme
The main objective of the Master Class stage is to provide a structured programme to assess entrepreneurial readiness and commitment to the product/ service. The programme focusses on building the entrepreneur’s general business acumen as well as a sound foundation for a more sustainable business.
PRE-INCUBATION: 3 monthsprogramme
The main objective of the Pre-incubation stage is to support entrepreneurs converting their ideas into viable finished products/services with potential yield benefit. The main contribution from the pre-incubation process is that it guarantees that companies entering the incubation process are ready to be developed.
LAUNCHPAD: 6 monthsprogramme
The main objective of the LaunchPad stage is to support entrepreneurs recently started their businesses, to assist with appropriately approved sound business plan and ICT product/service/prototype with proof of concept but not ready to be offered to a market. The entity must be operational and need to go the next level of trading.
FULL INCUBATION: 24 monthsprogramme
The main objective of the Full Incubation stage is to support entrepreneurs that need to be housed in the development programme thecentre has to offer. The entity must be trading and have a customer base with basic human resources in place.
VIRTUAL INCUBATION: 18 monthsprogramme
The main objective of the Virtual Incubation stage is to support entrepreneurs that don’t need the office facilities but require the development programme thecentre has to offer. The entity must be trading and have a customer base with basic human resources.
The main objective of the Post Incubation support is to ensure that the success of the business is sustained once graduated. Research has proven that companies are best supported by receiving guidance and ensuring that best practices learned, continue to be implemented. Some of these activitiesinclude:Networking: Involving graduated companies in all networking activitiesorganised by the Incubator or where the Incubator is invited to attend.Bi-monthly mentoring sessions
The program is tailored to meet the needs of individualclientsas each client is unique.
Business Development Support:
- Specialised Mentoring & Coaching
- Financial Management Services
- Trainings & Workshops
- Access to market & networks
- Facilitate access to funding
- Legal Advice
- Project Management
- Human Resources
- Research & Development
- Quality & Assurance
- Furnished Office Space
- Telephone Services & Reception
- ServiceConference Room Facilities
- Fax, printer & Copy machine
- Internet Usage & Local Area Network
- Mail Service